Business

Europe’s mergers and acquisitions market heats up

Europe's mergers and acquisitions market is rebounding after years in the doldrums, as improving market sentiment is prompting companies to spend piles of cash built up during the financial crisis. A flurry of new deals have been announced in the past month alone, including Numericable's purchase of Vivendi's SFR mobile phone... Read More

The strike at Yue Yuen – which says it is the world

The strike at Yue Yuen – which says it is the world's largest branded footwear manufacturer, making over 300 million pairs of shoes last year – is not just one of China's biggest in recent years, it's also clearly driven by workers' fears that they have been scammed by an opaque and convoluted welfare payment system. – Reuters pic, April 20, 2014

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PLUS better off in government’s hands than privatised, say analysts

Many politicians and analysts agree that the recent calls for the nationalisation of Malaysia's longest highway... Read More

China set to replace US as Volvo’s biggest market this year

China is set to surpass the United States to become Volvo Car Group's biggest market in 2014 with sales of at least... Read More

Cost of living in Jakarta very high, says research firm

The cost of living in Indonesia's capital, Jakarta is considered very high compared to other major cities in the... Read More

Volvo Malaysia bullish of truck sales in northern region

Volvo Malaysia Sdn Bhd is bullish of growth for its truck division in the northern region amid rising logistics... Read More

Ringgit likely to trade lower next week

The ringgit is likely to trade lower against the US dollar next week as the greenback is expected to strengthen due... Read More

FBM KLCI to trend higher next week

The FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to trend higher towards the 1,880 points level next week... Read More

China sacks state firm head amid corruption allegations

China today announced the removal of the head of one its major state-owned firms, conglomerate China Resources,... Read More

Airbnb rental site raises US$450 million

Online lodging listings website Airbnb inked a US$450 million funding deal with investors led by TPG, a source... Read More

Ukraine sanctions aside, US carmakers eye Russia market

Nevermind the Ukraine crisis and Washington's sanctions against Moscow: American automakers say the Russian... Read More

Questions on bubbles as tech momentum fades

After the tech euphoria of 2013, the fast-moving sector has hit a speed bump. The wobbly action of 2014 is... Read More

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